Policy Instruments for Plug-In Electric Vehicles: An Overview and Discussion
Book chapter, 2021

Many different policy instruments have been implemented globally to support the uptake of plug-in electric vehicles (PEVs), with the ambition to curb growth in, and ultimately reduce greenhouse gas emissions from the ever-expanding transportation sector. While the market continues grow, most consumers are still not choosing to adopt PEVs due to three principal barriers: a lack of PEV supply, high upfront investment costs, and other systemic failures, such as a perceived lack of public charging infrastructure. It is evident that there is no “silver bullet” policy instrument that can simultaneously address all of these market barriers. Despite this, success is being witnessed in leading PEV markets through the implementation of comprehensive policy packages, which vary in type and purpose, and are part of broader, long-term PEV diffusion strategies. The efficacy of many policy instruments is ultimately context and regionally-dependent, and therefore, PEV policy must be tailored to suit local circumstances.

Information

Plug-in Hybrid electric vehicle

Battery electric vehicle

Economic instrument

Plug-in electric vehicle

Policy

Electric vehicle

Regulatory instrument

Author

Jake Whitehead

University of Queensland

Patrick Plötz

Fraunhofer Institute for Systems and Innovation Research ISI

Patrick Jochem

Karlsruhe Institute of Technology (KIT)

Frances Sprei

Chalmers, Space, Earth and Environment, Physical Resource Theory

Elisabeth Dütschke

Fraunhofer Institute for Systems and Innovation Research ISI

International Encyclopedia of Transportation: Volume 1-7

Vol. 1 496-502
9780081026724 (ISBN)

Driving Forces

Sustainable development

Areas of Advance

Transport

Subject Categories

Economic Geography

Public Administration Studies

Energy Systems

DOI

10.1016/B978-0-08-102671-7.10091-0

More information

Latest update

7/12/2024